News Code : 42776

based vinyl acetate monomer producer Celanese is maintaining supply control on its sales in the Americas, a company spokesman said Wednesday.

Petrotahlil:"The customer letter you have referencing the VAM supply control is accurate and remains in force until further notice," said Travis Jacobsen in a statement.

In a letter to customers dated April 5, Celanese said the decision was "a result of recent events in the Gulf Coast."

Intercontinental Terminals Company's Deer Park, Texas, tank farm caught fire in March, snarling logistics around the area and disrupting some feedstock supply to chemical manufacturing.

The original company letter said the supply control would let Celanese maintain supply to contract customers and channel partners.

Platts last assessed VAM at $831/mt.

 

Send Comment

view latest news
More News